GOOGL : Target 200$ based on Fib Projection
Previous High of 153$ to 154$ made during Jan end 2024 is overtaken and a new high is made. With this, it looks attractive to target the Fib Projection of 1.78 at 200$
Daily TF :
for understanding the smaller TF than weekly
after rejection of the price at the level of a resistance and the filling of an FVG '' Fare Value Gap'' at the level of this zone we will see a reversal of the price to fill this FVG for the continuation towards suppLy zone
Google stock have 2 scenario for daily time frame
1. If goes above $100 and reach $103~$105, after some consolidation reach above levels.
2. If it is not able to cross $102 zone, $95~$93.6 will be the first support zone.
In this idea I show Google's movement as I see it playing out. I have been moving into different types of charts to challenge myself as I grow my skills. I have to say I think I will like charting stocks as they each are pretty unique and are in their own right a puzzle to solve. I see this movement as Google's struggle to figure out where they belong in an ever...
If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of GOOGL ALPHABET , I think we are going to see an upward movement. If you are going to go long now, make sure to place the stop below the previous support area .
What do you think is more likely to happen? Please share your thoughts in...
I analyzed the market and came to these conclusions.
1. Too much confusion and fear: Ordinary people and poor traders follow the whales. When do whales change the course of the game?
2 - The search rate of negative words has increased from positive, "selling bitcoin", "disappearing bitcoin", "shorts" and ...
3- Negative news of governments and big companies along...
Overbought, all highs, hoping for it to drop and can see it hitting either golden 61s 78s Fibonacci lines and rebounding.
(You should do your own studies)
